Reserves at 1.1Mozs were not quite replaced in FY21, and all the added ounces came from mines in operation. The LOM plan includes about 700kozs from major projects not yet in reserve, at Edna May Stage 3 pit, Galaxy and Eridanus underground, each of which are under study. Company estimated costs in the LOM plan are 10-20% higher than they were a year ago.
To access the full report please log in under the Client Area at the bottom of this page.
Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.
If you would like to access our research please contact us to create an account.